Sunday, July 11, 2010

EURUSD - Intraday Market Thought 10072010

EURUSD losing momentum last sessions. The highs of last sessions with bearish divergence, give us good changes that minor or major top short-term is near.
For now hold 1.2607, first resistance 1.2650 close hourly above 1.2680 expect 1.2745.
Close hourly below 1.2607 first target [1.2550,1.2573] possible extension to 1.2480.
Click to zoom in. Good luck folks.


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